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Dec 31, 2012
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. >>> este mes china inaugural tren mÁs largo de mundo, y el recorrido de 1428 millas se hace en ocho horas y coloca a china en vanguardia de adelantos en este aspecto. >>> y tambiÉn compradores pueden pagar por compras sin necesidad de llevar dinero en efectivo o tarjetas de crÉdito todo gracias a una nueva aplicaciÓn en los telÉfonos ce celular. >>> y asÍ vamos a la pausa. >>> en un momento. >>> veremos como miles de personas en new york se preparan para festejar el nuevo aÑo. >>> y en mÉxico ri actuales para recibir el nuevo aÑo estÁn a la orden del dÍa. ññ . >>> otro lugar del mundo dÓnde ya se despidiÓ el 2012 y se recibiÓ el nuevo aÑo dubai, el edificio considerado el mÁs alto del mundo desplegÓ luces, deleitando a miles. >>> y bueno durante la tradicional ceremonia del 31 de diciembre en la basÍlica de san pedro benedicto xvi dijo que el bienvenidosrÁ a pesar de maleses que hay en el mundo, ante los fieles el papa instÓ a dedicar un espacio para la oraciÓn. >>> y con ritmo cientos militares de la otan despleg tados en afganistÁn festejaron la llegada de
. >>> este mes china inaugural tren mÁs largo de mundo, y el recorrido de 1428 millas se hace en ocho horas y coloca a china en vanguardia de adelantos en este aspecto. >>> y tambiÉn compradores pueden pagar por compras sin necesidad de llevar dinero en efectivo o tarjetas de crÉdito todo gracias a una nueva aplicaciÓn en los telÉfonos ce celular. >>> y asÍ vamos a la pausa. >>> en un momento. >>> veremos como miles de personas en new york se...
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Dec 31, 2012
12/12
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it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufacturing data from china. cliff's tacked on nearly $3 , or 8.5%. and in the commodities corner, oil and gold both posted some gains on exnsctaatiof o f scal cliff deal in washington. oil climbed a little more than a dollar to $91 o0, il but p pces still logged their first annual loss in four years. , fo1220crude-oil prices fell more than 7%12 gold climbed nearly
it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10%...
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Dec 31, 2012
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now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe investments. but other things that are traditionally considered to be safe like utility stocks and reit, things that are really dependent upon the cost of long-term money, we think durable. gerri: volatility can be your friend. >> because down or volatility can create buying a virginities if you are positioned for a. buy things lower. buy low and sell high. gerri: that is always the case. to you as you lookkat this market going forward. we just showed these numbers. up 13% on nasdaq at 17. what is interesting about this is that i don't b
now this point to be china and india. i think as you see things zealand head higher there that will improve global sentiment. gerri: you have an outlook on what investors should do. talk about changing asset allocation, redefining what constitutes safety. >> the first thing is we would use this complacency we are experiencing in the optimism to take profits for risk assets. we think one should be about 20% in cash. and we would redefine, we believe because of the bubble in bonds that safe...
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Dec 31, 2012
12/12
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china has sent a consul to the region. a former australian fast bowler will be inducted into the hall of fame during his country's third test against she lenca this week. heals the highest number for test wickets, 563. the first tennis' grand slammer of the year is almost upon us. australia open of starts in the fortnight. she is currently in china in preparations for the millburn and then. last time, she is beaten in a third round. she needs to improve to win back a place in the top 10. >> we're trying to get ready in two weeks. we are just not ready for the matches. the australian open is where i had my most difficulties and i'm trying this year for better preparation to be more ready. i will try my best. >> as much of the world celebrate new year's eve, alex burton is celebrating his birthday. his office of member wish to united manager the best. >> happy birthday. congratulations. happy new year to him and his family. >> now to a good comeback story -- sweden [indiscernible] 1 hydro when a torn achilles' tendon ruin he
china has sent a consul to the region. a former australian fast bowler will be inducted into the hall of fame during his country's third test against she lenca this week. heals the highest number for test wickets, 563. the first tennis' grand slammer of the year is almost upon us. australia open of starts in the fortnight. she is currently in china in preparations for the millburn and then. last time, she is beaten in a third round. she needs to improve to win back a place in the top 10....
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Dec 31, 2012
12/12
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>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world not the third. and one thing interesting we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those things americans will wonder what happened. because the idea of our being number one is so woven into our conception of ourselves. >> let's not forget this is only the second time in their long island history that the people of great britain celebrated the diamond jubilee of a monarch. this is the year the pope tweeted for the first time. >> woodruff: surely something that will go down in history. >> in some way was didn't happen, at the end of the year standard & poor's upgraded greeces bond rating europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly. whic
>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world not the third. and one thing interesting we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those things...
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Dec 31, 2012
12/12
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KQED
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>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world, not the third. and one thing interesting, we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those things americans will wonder what happened. because the idea of our being number one is so woven into our conception of ourselves. >> let's not forget this is only the second time in their long island history that the people of great britain celebrated the diamond jubilee of a monarch. this is the year the pope tweeted for the first time. >> woodruff: surely something that will go down in history. >> in some way was didn't happen, at the end of the year, standard & poor's upgraded greeces bond rating, europe found a way to muddle through. and the world didn't end on december 21st. >> woodruff: compactedly.
>> china i think is very important thing to mentionment because in the last two years china has become the second largest economy in the world, not the third. and one thing interesting, we sent three astronauts into outer space, docked with another module that is what a country does when it really wants to be a big superpower in the future. so 50 years from now it's not impossible that china could be at least an equal or the dominant superpower in the world, if it is either of those...
WHUT (Howard University Television)
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Dec 31, 2012
12/12
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WHUT
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i love big bird, i like you, too, but i'm not going to keep on spending money to borrow from china to pay for. >> labor protests against the largest private employer, walmart, is expanded to 28 stores in 12 states. organizers describe the action as the first retail workers' strike in walmart's history. >> i work in the warehouse in illinois. the conditions are terrible. a lot of safety issues, broken equipment that was not getting repaired. they would push us to work at a rate that makes it even more unsafe. we finally just had enough. we started to organize, we started a petition, just asking for basic rights. manager refused to take it, so that was the final straw. that was it and we walked out that day. >> from denver, colorado, this is a democracy now! special broadcast, expanding the debate. >> what i am most concerned about is having a serious discussion about what we need to do to keep the country growing and restore security for hard- working americans. that is what people will be listening for, that is the debate you desert. >> my record is out there, proud of it. if people w
i love big bird, i like you, too, but i'm not going to keep on spending money to borrow from china to pay for. >> labor protests against the largest private employer, walmart, is expanded to 28 stores in 12 states. organizers describe the action as the first retail workers' strike in walmart's history. >> i work in the warehouse in illinois. the conditions are terrible. a lot of safety issues, broken equipment that was not getting repaired. they would push us to work at a rate that...
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Dec 31, 2012
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china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >> right, the fact of the matter is, they may agree on taxes but taxes across the board pretty much are going higher and there's still the debt limit issue and then the spending cuts issue. >> that's the thing. you nailed it. the debt ceiling conversation is going to be a weapon of force and it's something that's going to be hanging over this market. i heard nothing about entitlements. a house that wasn't even going to vote for boehner's plan b, which was $1 million in terms of the tax increases. i'm a little skeptical and i'm more worried about what happens from here. >> i think tim hit it right on the
china is the second-largest economy in the world. and definitely not a fiscal cliff there. but today's activity i thought was amazing when you consider there's still so much left undone and as john just said, everything he said was tax, tax, tax. >> amazing like a head scratcher? >> yeah. i get the fact we had five straight down days and we were oversold. i don't think you get a solution that rallies this market 2% tomorrow, even if it's everything everybody wanted to hear. >>...
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Jan 1, 2013
01/13
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CSPAN
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have more taxpayers and quit putting increased burden on taxpayers. >> then raise the taxes. liz: will we have a deal tonight? >> dennis, raise taxes to pay for it, please. take that position and come out and say raise taxes to pay for it. stop borrowing money to do what you said. liz: representative humans camp will we have a deal? >> no time to finish that. irs moved back withholding tables. there is still a few days. deal that raises taxes increases spending and ignores entitlement reforms i'm a no on any deals. david: no on deals from all three of you guys. wish we had better news to report but happy new year. keep it real at least for the new year. congressman huelskamp, mulvaney and kucinich. liz: thank you for your presence on the show. >> thank you. liz: while the world is watching the clock closely while we face the fiscal cliff deadline, wilbur ross says there is looming deadline that could cause the u.
china just, is investing billions of dollars in high-speed rail. what are we doing here in this country? we should be rebuilding america. have more taxpayers and quit putting increased burden on taxpayers. >> then raise the taxes. liz: will we have a deal tonight? >> dennis, raise taxes to pay for it, please. take that position and come out and say raise taxes to pay for it. stop borrowing money to do what you said. liz: representative humans camp will we have a deal? >> no...
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Dec 31, 2012
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play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what a frappucino tastes like. >> oh, look out, china. liz: two pharma companies, what do you think are the big names here because we're all getting older, and we all need new medicine. >> we're going to be buying a lot of pfizer especially and bristol-myers. those are the two picks we have. pfizer is around 24, $25 a share, bristol-myers about 31. and they have in common a new blood-clotting drug, and everyone's very, very excited about that. bristol-myers developed it, and pfizer will be marketing it. so we hi there's huge opportunity -- we think there's huge opportunity
play, on china stabilizing and growing. >> yes, and that's starbucks. starbucks a great american company. everybody needs a good cup of coffee. in china there is only one starbucks for every 1.9 inhabitants, can you believe that when we have one basically on every corner? [laughter] so there's tremendous opportunity there. you've got the tea growers in china, a lot of them are now switching to coffee because of starbucks, so that's a double play for you. liz: wait until they find out what...
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mercenaries in syria and the fact that russia and china and iran stood firm on. the entire time table that nato had in mind to run this stabilization. and now the entire arab spring scenario is. it's not disintegrate it's becoming a nightmare one that spread to western allies in the region like bahrain for mass protest arrest and even death haven't provoked much global media coverage or any push for democracy. instead provocations like the film the innocence of a muslim made headlines and incited outrage across the arab world funded in the u.s. and considered highly offensive to islam the movie didn't go over well in states now run by islamist after post revolution polls in egypt and tunisia. u.s. embassies were left in shambles as flags burned and freedom of speech was back on the debate or tonight the film was banned in some countries like russia and defended by others like the states as a protected life of expression a right not awarded to whistleblowers like julian a song who had a busy year and here he was granted political asylum by ecuador after being rele
mercenaries in syria and the fact that russia and china and iran stood firm on. the entire time table that nato had in mind to run this stabilization. and now the entire arab spring scenario is. it's not disintegrate it's becoming a nightmare one that spread to western allies in the region like bahrain for mass protest arrest and even death haven't provoked much global media coverage or any push for democracy. instead provocations like the film the innocence of a muslim made headlines and...
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Dec 31, 2012
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but strong data out of china on manufacturing. we have a 5% gain year to date in copper. copper higher but logging losses for the year. platinum losing more than 10%. simon, back to you. >> thank you, jackie. behind the headlines we are doing very well at nasdaq. out performance there own likes of apple seema mody, up 3.5%. >> absolutely. apple shares definitely helping nasdaq given the fluidity of the situation in washington, simon, hard to predict where the markets will end on the day. right now seeing session highs of 1.2%. as you mentioned, apple shares providing a nice lift to the nasdaq. recent note from topeka capital, an insatiable appetite in hong kong and china for the ipad mini. some of the bullish commentary notes. facebook shares also up 2.6%. upgrading the stock from sell to buy, writing that facebook has ad spending from large brands. interestingly enough, look the at as in dab 100 just for q4, facebook made that list. other stocks on the list include yahoo! virgin media and green mountain coffee. sue, back over to you. >> thank you, seema. >>> we are waiti
but strong data out of china on manufacturing. we have a 5% gain year to date in copper. copper higher but logging losses for the year. platinum losing more than 10%. simon, back to you. >> thank you, jackie. behind the headlines we are doing very well at nasdaq. out performance there own likes of apple seema mody, up 3.5%. >> absolutely. apple shares definitely helping nasdaq given the fluidity of the situation in washington, simon, hard to predict where the markets will end on the...
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Dec 31, 2012
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so china is very stable. still an opportunity we look at. we do invest, in our global portfolios, we definitely have some asian exposure. there was definitely some concern in the fourth quarter. we saw some of the manufacturing and growth rates come down. still an opportunity abounds out there. ashley: what do you like in particular as far as sectors go or particular stocks looking towards next year? >> absolutely. glad you asked that. so one of the things we look at is, the quality. is a company able to operate and deliver earnings and dividends in a variety of market conditions. ashley: yes. >> and we see that a lot with the consumer, both consumer staples and consumer discretionary. one stock we really like is safeway. now it has been beaten down, i know, but it has, but this is the value. this is where to get in. so that is one of our stocks that we like. another one we also like is staples. not quite as beaten down but done very well in a variety of market conditions. you still need office supplies. no matter what. we're still going to
so china is very stable. still an opportunity we look at. we do invest, in our global portfolios, we definitely have some asian exposure. there was definitely some concern in the fourth quarter. we saw some of the manufacturing and growth rates come down. still an opportunity abounds out there. ashley: what do you like in particular as far as sectors go or particular stocks looking towards next year? >> absolutely. glad you asked that. so one of the things we look at is, the quality. is a...
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Dec 31, 2012
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then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of spending straw into gold and how long that will continue. a 5% return from stocks, 2% to 3% from bonds is something we should expect going forward even with the pluses that you mentioned. >> what about your outlook for gold? your outlook is that gold is going to move higher in 2013, and i would assume that's because you know the fed will be in the house. >> we think gold will move higher as will commodities. it is hard to say exactly how much. gold to my way of thinking is a function of real interest rates to the extend real interest rates continue low and even come lo
then china cooperating as well. >> i think lots of plus there is. we would agree that certainly housing is moving upward as mohammad mentioned this morning. energy costs in terms of natural gas are down. china is reinstituting fiscal stimulation and japan is on the move in terms of easier money. all that is a positive, but we have come to expect in the asset markets a 10%-plus type of return for taking equity risk. and really if the real economy only grows at 2% to 3%, it is a case of...
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Dec 31, 2012
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 31, 2012
12/12
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FBC
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who would have guessed that china would have been a better place. guess what, so do we. or at least, a lot of people suspect we do be do do we get a deal? >> yes, we get a deal. it looks bad for everybody. 2013 will not be a good year for the president or republicans. stuart: this is varney and company. keep things short. don't we, dagen. dagen: if you are the one who dropped dead, it is your heirs who are in trouble. [ laughter ] stuart, happy new year. i am dagen mcdowell. bring in joe biden, the vice president called in to help with the negotiations. maybe we see some movement in the coming hour. a surprise in your check at the end of the week. the mess in washington leaves employers wondering how much they should with hold from your paycheck. the world, stuart was just showing you pictures of shanghai, the world already starting the celebration. the dawn of 2013. happy new year, everybody. there is a live look at shanghai, china. top of the hour. time now for stocks. >> good morning. searching for direction. not a big surprise for new year's eve. we have seen the dow
who would have guessed that china would have been a better place. guess what, so do we. or at least, a lot of people suspect we do be do do we get a deal? >> yes, we get a deal. it looks bad for everybody. 2013 will not be a good year for the president or republicans. stuart: this is varney and company. keep things short. don't we, dagen. dagen: if you are the one who dropped dead, it is your heirs who are in trouble. [ laughter ] stuart, happy new year. i am dagen mcdowell. bring in joe...
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Dec 31, 2012
12/12
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KRON
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here is at the be right now from beijing china, it just turned midnight there. they are ringing in the new year halfway around the world. we will continue bringing the year's celebrations throughout the morning as the kron4 morning news continues. i live look and we are watching conditions around the bay. lots of sunshine on this chilly morning and about 10 minutes from now we will hear from michael yacht key and the upcoming fiscal cliff. -- michael yaqui sleep train thanks all those who helped make a difference last year for thousands of california foster kids. thank you for helping foster kids. thank you for the school supplies. thank you for the new shoes. thank you, secret santa. and thank you for donating money. your generosity proves that while not everyone can be a foster parent, anyone can help a foster child. - thank you. - thank you. gracias por su ayuda. thank you. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price y
here is at the be right now from beijing china, it just turned midnight there. they are ringing in the new year halfway around the world. we will continue bringing the year's celebrations throughout the morning as the kron4 morning news continues. i live look and we are watching conditions around the bay. lots of sunshine on this chilly morning and about 10 minutes from now we will hear from michael yacht key and the upcoming fiscal cliff. -- michael yaqui sleep train thanks all those who...
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Dec 31, 2012
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. >>> continuamos con más para usted en despierta américa un autobús de transporte público en china tuvo que cambiar su ruta habitual cuando el conductor estaba en malas condiciones y urgieron al conductor a llevarlo al hospital más cercano, los médicos dijeron que sufria una congestión alcohólica pero está estable. >>> también en china, un oficial roció la cabina del vehículo con un extinguidor antes que el fuego alcanzara el tanque, el incendio fue antes de un cambio de luz en la provincia de hudei. >>> millones celebrarán el año nuevo con una gran fiesta, pero algunos con inexperiencia se pasan de trago y comienzan el año con un gran dolor de cabeza y malestar estomacal, maría eugenia payán tiene los detalles y consejos de elos expertos. >>> para algunos la parranda de año nuevo tiene que ser, pero al ingerir gran cantidad de alcohol, el cuerpo reacciona de manera agresiva, consiste en un cuadro de malestar general, los doctores la llaman beisalgia, amnesia, debilidad dolor de cabeza entre otros, son los principales síntomas, como son el methaniol, el acetal son las raz
. >>> continuamos con más para usted en despierta américa un autobús de transporte público en china tuvo que cambiar su ruta habitual cuando el conductor estaba en malas condiciones y urgieron al conductor a llevarlo al hospital más cercano, los médicos dijeron que sufria una congestión alcohólica pero está estable. >>> también en china, un oficial roció la cabina del vehículo con un extinguidor antes que el fuego alcanzara el tanque, el incendio fue antes de un...
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Dec 31, 2012
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japan controls the senkaku islands in the east china sea. china and taiwan claim them. japanese wire service jiji press says the chinese government issued the document in 1915. the document says the islands are part of ryukyu, an old name for that area that is now okinawa. the paper mentions the islands's former name. the chinese embassy issued a statement on its website. it rejected suggestions that the document should serve as proof of japan's claim. they have historical and law enforcement grounds for claims of sovereignty. it says bringing up an unsigned document demonstrates a lack of confidence over the issue among japanese. the statement says what it calls tricks won't change the fact that the islands are chinese territory. >>> geothermal power is attracting global attention. in southeast asia, the philippines is taking advantage of the sustainable energy source and its usage rate is the second highest in the world. now it's strengthening its industry by teaming up with counterparts from around the globe. >> reporter: steam rises and the air smells faintless of r
japan controls the senkaku islands in the east china sea. china and taiwan claim them. japanese wire service jiji press says the chinese government issued the document in 1915. the document says the islands are part of ryukyu, an old name for that area that is now okinawa. the paper mentions the islands's former name. the chinese embassy issued a statement on its website. it rejected suggestions that the document should serve as proof of japan's claim. they have historical and law enforcement...
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china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market, despite the economy growing 7%, 8%, 9% or so. as the chinese president said this morning, there will be policies put in place to support growth. and whatever nervousness in the transition is going to fade and policymakers can get more involved. >> we've seen this play out in the metal stakes. the best fourth quarter in two years, up 56%. iron ore prices. that's a real lead on demand. and especially as the chinese government makes all these nods toward urbanization plans and the need to update and invest in infrastructure. these are the areas where you want to be. >> yeah. also ties into what clearl
china pmi rising to 51.5. and that is a result of manufacturing in china in a year and a half. the shanghai index ended the day about 1.6% higher, highest close since june 20th. it has been a nice run that we've seen also in china to our point before. it's been up 16% since its four-year low in december. >> for the year the index is up 3% right now. for those who missed it, this will be the first annual gain in, i believe, three years' time. this has not been a positive stock market,...
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and the big question then becomes what is china's intention? (instrumental music) >> in a national call to arms defense secretary leon panetta warned the threat of a significant cyber attack against america is already here. >> the collective result of these kinds of attacks could be a cyber pearl harbor. >> what are the threats american's face in this century? with the attacks of september 11th, the u.s. has had to completely rethink how it defends its citizens. the enemy no longer a national armies but rather determined individuals. >> there are not going to be a lot of countries that are gonna be stupid enough to put tank armies out in the desert against us anymore to allow us to annihilate them. what the lessons of history of the last twenty years or so certainly teach us is that if you're fight us, you can have greater success by using terrorist tactics, by employing suicide bombers, i.e.d.'s, those kinds of attacks. >> that was probably the biggest impact on national security. we have non-nation state actors that can cause harm to the unit
and the big question then becomes what is china's intention? (instrumental music) >> in a national call to arms defense secretary leon panetta warned the threat of a significant cyber attack against america is already here. >> the collective result of these kinds of attacks could be a cyber pearl harbor. >> what are the threats american's face in this century? with the attacks of september 11th, the u.s. has had to completely rethink how it defends its citizens. the enemy no...
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tavis: china's one of the biggest markets in the world. people want -- the studios want your films to make money. >> i did a movie -- well, i still keep working. how it is, i don't know. [laughter] i'm still amazed that people want me to keep doing it, and i'm going with the flow. hey, it's a great script and great people, i'm still there. i'll do it. but i had this wonderful experience after i was not allowed in china anymore, but i am allowed in hong kong, and tavis: we'll see how much longer that lasts, with the chinese repressing on hong kong. >> yeah, i know, but i think i'll still be okay there for a while. tavis: yeah. >> but i remember coming through customs there, and still everyone's a little careful, and i came through customs and the customs guy looked at my -- looked at me and looked at the passport and he looked over his shoulder, and he went -- [unintelligible] "autograph, please." [laughter] so i gave him an autograph and then he got very professional again. it happened in the hotel. i'd made this movie "red corner," which
tavis: china's one of the biggest markets in the world. people want -- the studios want your films to make money. >> i did a movie -- well, i still keep working. how it is, i don't know. [laughter] i'm still amazed that people want me to keep doing it, and i'm going with the flow. hey, it's a great script and great people, i'm still there. i'll do it. but i had this wonderful experience after i was not allowed in china anymore, but i am allowed in hong kong, and tavis: we'll see how much...
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. >> excellent news out of china. pmi is an index or the ask people how confident you are feeling, indicating the fourth quarter of the year, china has seen a very marked pickup in economic growth. that is extremely good news because china had been having a pretty sluggish time of things over the course of the first half of 2012. this is leading the optimism that 2013 could break away from the economic doldrums. nonetheless [indiscernible] >> there you go. thank you very much. u.s. secretary of state hillary clinton is receiving treatment at a hospital in new york for a blood clot. she suffered a concussion earlier this month after fainting and falling down. the blood clot was discovered during a follow-up medical examination rea. >> hillary clinton earlier this month. it is believed it was while on her trip to europe that the u.s. secretary of state contracted a stomach virus that left her severely dehydrated. on her return home, she collapsed and severed a concussion. during a follow-up examination, doctors have dis
. >> excellent news out of china. pmi is an index or the ask people how confident you are feeling, indicating the fourth quarter of the year, china has seen a very marked pickup in economic growth. that is extremely good news because china had been having a pretty sluggish time of things over the course of the first half of 2012. this is leading the optimism that 2013 could break away from the economic doldrums. nonetheless [indiscernible] >> there you go. thank you very much. u.s....
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we're borrowing all of our money from china and other places and they can't believe it. and i can't believe it when i watch what's going on. and you could raise taxes all you want, but it's not going to be enough to solve the problem. the expenditures is really where the costs, are really where we have the big problem. as part of an overall deal, do i mind if my taxes go up? will it affect me? what i want to see is an -- they do a great job on expenditures, i guess he everybody can expect there is going to be a tax increase for a certain group of people. would i be willing to say yes to that? i think the answer is yes, if the expenditures really -- and i mean by a big margin, really go down so that this country could become balanced. we owe $17 trillion as a country. and unless something happens, there is going to be disa catastrophe the likes of which we've never seen. so the leaders have to get together and they have to make the big deal. not a stop gap. i'm watching you this morning and they talk about the little deal, the little deal, there is no little step. it's on
we're borrowing all of our money from china and other places and they can't believe it. and i can't believe it when i watch what's going on. and you could raise taxes all you want, but it's not going to be enough to solve the problem. the expenditures is really where the costs, are really where we have the big problem. as part of an overall deal, do i mind if my taxes go up? will it affect me? what i want to see is an -- they do a great job on expenditures, i guess he everybody can expect there...
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. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >>> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >>> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it until after the election. had they
. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. >>> number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a...
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china ends the year under the sign of growth. manufacturing activity hits its fastest pace in 18 months. but it's been a lackluster pace for markets which hosts a modest return for the year. germany, hong kong manage to outperform. so just where should investors put their money in the new year? we've been asking analysts and economist toes give us their top calls for 2013. >> do you think the u.s. is going to continue to be strong if they can solve the fiscal cliff issues, keep economic indicators up, what they're doing with the job is good, performance is good. asia will take a while, to the end of 2013. we'll see good entrepreneurial activity. that's going to depend on good performance in stocks. >> it will appreciate even with weaker economy or, you know, stagnated economy because there's not much growth to be accepted from all europe, you know, obviously call europe like germany will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., euro and particularly euro
china ends the year under the sign of growth. manufacturing activity hits its fastest pace in 18 months. but it's been a lackluster pace for markets which hosts a modest return for the year. germany, hong kong manage to outperform. so just where should investors put their money in the new year? we've been asking analysts and economist toes give us their top calls for 2013. >> do you think the u.s. is going to continue to be strong if they can solve the fiscal cliff issues, keep economic...
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the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept representatives. we would just be ignoring the constitutional responsibility to get authorization. how can he do this? >> that's right. first of all, it is kind of technical, but they tried to do it through legislation for 10, 11 years. that's cap and trade we are talking about. now in order to do it through regulation you have to have what is called an endangerment finding. we had our committee and i said i have a feeling you will have an endangerment finding so you can regulate something you have tried to do through legislation. i saw her smile. frankly i like her. she gives honest answers, at lea
the problem is in china, in mexico, in other countries where they don't have standards. that is the crown jewel of all regulations. it is the most expensive one. and it is one that is based on the assumption that the catastrophic global warming is taking place, and it is due to man made gases. the people of this country know better. >> you know, senator, to be able to do that, it would be an outrage to most of us who understand the legislative process and we even have the ept...
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. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty downpayment. >> number two. >> cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney. it was about socialism and capitalism. about spending and cutting. about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics a
. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well...
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tianimen square happens, he suspended relations, but behind the scenes does business as usual with china. he goes into panama, in december '89 -- never forgot that because i had -- born on the 4th of july was opening that day, and the american people loved it. they backed the invasion. it was our backyard, it was a war on drugs and that was new issue now. communist had been forgotten. noriega was the new stalin, and then a year later, we had this iraq 1, and that's another untold story. iraq 1 was really depressing when you go into all the false intelligence and the doctoring of the photos. do you want to tell us about that? it breaks my heart personally, and as a veteran of the vietnam war, i see the next ten years we drift. we don't take advantage of the possibles with the soviet union, to keep it stable. we privatize with russia and then by the time the bush 43 comes in, it's not only squandered but the nightmare begins. so it's heartbreaking. >> did you want to comment? >> we see it as a lost opportunity. there's a lot of lost opportunities in the 20th 20th century, in march 5, 1965,
tianimen square happens, he suspended relations, but behind the scenes does business as usual with china. he goes into panama, in december '89 -- never forgot that because i had -- born on the 4th of july was opening that day, and the american people loved it. they backed the invasion. it was our backyard, it was a war on drugs and that was new issue now. communist had been forgotten. noriega was the new stalin, and then a year later, we had this iraq 1, and that's another untold story. iraq 1...
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ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at the upper end, we need to be fair. he forgets those people, there are so many small businesses that file as individuals. a small business making $250,000 a year employ 10 people at least. if you raise their taxes, they are going to layoff one of those. that could be -- you could see that stream throughout the economy. >> jim rogers who is a economic commentator has said it is inevitable we will have another recession. is he right? >> you know, i worry about people who talk about inevitability. i don't know. say we stay where we are right now, this is like a permanent recession. positive gdp growth, but let's talk about real world factors here. unemployment or lack of employment. the unemployment rate went down to 7.7% from 7.9% because the labor force is shrinkin
ge can diversify by opening a plant in china. it is easy to get productivity by going overseas. small business if you talk to anybody we don't know what will happen. we do know the president wants to raise our taxes. here is where the debate is absurd. the president says let's make it $250,000. it is fairness. people at the upper end, we need to be fair. he forgets those people, there are so many small businesses that file as individuals. a small business making $250,000 a year employ 10 people...
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lot of good public health things being done and the rest of the world that is dominateing, india and china, but in the 60's they missed. the market economies are good and they grow their economies an they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> i mind this raises two questions,r two amazing results from this. there have been thousands of years of human history and everyone w stuck on the lower left for thousandsof years, it has en 200 years that you have all of this activity and how come some countries are still stuck? >> it is easy to understand. the best message today is that most of the african countries are now in fas economic growth. they have corrected the wrong market ideas they had 20 years ago, and they have a much better ucation than, -- and tanzania is similar to thailand in 1972 and soon we will see african countries doing good. >> this is wonderful. our problems are solved w know what works and we will be rich. >>guest: no, we have this problemith two billion human beings in poverty.
lot of good public health things being done and the rest of the world that is dominateing, india and china, but in the 60's they missed. the market economies are good and they grow their economies an they are catching up. today when we land, 2010, these are the countries that borrow money to the richest when they have their problems. >> i mind this raises two questions,r two amazing results from this. there have been thousands of years of human history and everyone w stuck on the lower...
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the communist party of china selected new leaders. the secretive process produced a new president and l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same, though the new leaders under pressure to deal with corruption and poverty at home. number five. mohamed morsi, a leader of the muslim brotherhood and islamist group became president of egypt. >> celebrate the victory of mohamed morsi. >> as his predecessor went on trial from his hospital bed, morsi impressed the west by helping to broker the cease-fire that ended an outbreak of warfare between hamas and israel. he then disappointed everyone by awarding himself sweeping powers at home, triggering outbursts of anger in tahrir square. number four. israel and hamas poured fuel on the fiery unrest in the region. one side firing rockets. the other launching missile strikes against targets in gaza. for the first time, israel felt vulnerable in jerusalem in tel aviv, the site of this bus attack in the waning days of the conflict before the big gu
the communist party of china selected new leaders. the secretive process produced a new president and l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same, though the new leaders under pressure to deal with corruption and poverty at home. number five. mohamed morsi, a leader of the muslim brotherhood and islamist group became president of egypt. >> celebrate the victory of mohamed morsi. >> as his predecessor went on trial from his...
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china appears to be stabilizing and the rest of the emerging markets are growing. more demand for export business. number two, corporations are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and plant equipment in america today, the inventory is old and due reinvestment and upgrades. there's a lot of pent up demand for investment spending. >> there have been a few bright spots in our economy anyway. i think of housing, which has been in recovery mode right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what it could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and appreciating, that could offset some pullback in overall consumer spending. >> where will we make money then, do you think? >> my sense is emer
china appears to be stabilizing and the rest of the emerging markets are growing. more demand for export business. number two, corporations are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and plant equipment in america today, the inventory is old and due reinvestment and upgrades. there's a lot of pent up demand for investment spending. >> there have been a few...
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we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do is without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. ♪ tom: washington still fighting over the debt deal. farmers
we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do is without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. i don't have...
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china, in ti ha particular, hasn aggressive strategy to help its companies invest in africa, leaving a trouble footprint across the continent of its environmental, and governance and values standards. the loss to american workers and american influence on the continent is enormous and inexcusable. that's why we introduced this bill, to make sure senior administration official brings desperately needed coordination and leadership to the u.s. export strategies in africa. it also makes sure that various agencies, such as the department of commerce, the export-import bank, the department of state and others are fully engaged in helping foster u.s. investment in africa. for months, we've been working with the various committees of the house and senate on this effort. i want to notably thank senator john kerry of massachusetts and senator dick lugar of indiana for seeing the unanimous -- the unanimous support through the foreign relations subcommittee was secured, as well as the banking and finance committees for their help in allowing us to go forward. the bill cleared the hotline on the
china, in ti ha particular, hasn aggressive strategy to help its companies invest in africa, leaving a trouble footprint across the continent of its environmental, and governance and values standards. the loss to american workers and american influence on the continent is enormous and inexcusable. that's why we introduced this bill, to make sure senior administration official brings desperately needed coordination and leadership to the u.s. export strategies in africa. it also makes sure that...
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is an emerging trend. 34 companies were victimized by a set of attacks originating in china in 2010. in the attacks, computer versuses were spread to corporate employees. foreign hackers constantly target u.s. companies in such ways in order to get every piece of competitive intelligence information they can. we simply cannot allow this to continue to happen. in response to this growing threat in our 2011 annual report, the u.s. intellectual property coordinator called upon congress to increase the penalties for economic espionage and this bill is consistent with that recommendation. i would like to commend the members of both sides of the aisle for their work on this bill, particularly the gentleman from texas, the chair of the committee, mr. smith, the ranking member, the gentleman from michigan, mr. conyers, the incoming chair of the judiciary committee, my colleague from virginia, mr. goodlatte and the gentleman from north carolina, mr. watt, who worked diligently on this bill and i recognize the leadership of senator lay high and i -- leahy. and i reserve the balance of my time.
is an emerging trend. 34 companies were victimized by a set of attacks originating in china in 2010. in the attacks, computer versuses were spread to corporate employees. foreign hackers constantly target u.s. companies in such ways in order to get every piece of competitive intelligence information they can. we simply cannot allow this to continue to happen. in response to this growing threat in our 2011 annual report, the u.s. intellectual property coordinator called upon congress to increase...
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china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work. it will do one thing, raise the prices everything we spend money on today. >> gregg: good to is a you. >> arthel: and if all that doesn't work, you play the lottery. california alone raking $4.8 billion in 2012. what are the odds of that in such a fragile economy. bringing in claudia kalan with the story. >> you are right. it's not just california. in states across the country, lottery sales were thriving in 2012. according to the experts it has a lot to do with the state of the economy. >> are you going to walk away with it? >> even
china is going to be okay. they are not suffering stagflation like the rest of the world is, which means runaway prices and slow growth. they will see the ripple effect from all these other countries. >> gregg: as keynesian theory ever worked ever in the long run? >> what printing money does it tries to squeeze up credit but you rarely see growth of it. so the printing of money, constant print can of money around the world we haven't seen it work. i don't think it's going to work....
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now get a lucid by lg, free. >> from iran's nuclear ambition toss china's nationalist impulses, the new year, no doubt, will bring its own share of foreign policy challenges. here with a look at which are likely to be the biggest, wall street foreign affairs, bret, and matt. bret, the world is safer now than a year ago? >> think about it we're that much closer to a nuclear confrontation or crisis >> paul: when you have crisis and chaos there is a than opportunity for american leadership and you would need the president that has the grand strategy what do i want to see happen in the next four years and how am i going to get there. >> paul: the strategy seems to be without advertising it america withdrawal and retreat in the world. we're going to cut the defense budget and people understand it. we're pulling out of afghanistan. we're already out of iraq. we've abdicated doing anything in syria. so we're going to lead a lot less. >> we had the right strategy. i think we could have the right strategy and opportunity. >> look, there is an analogy here. in 1920s, france and britain weren't pr
now get a lucid by lg, free. >> from iran's nuclear ambition toss china's nationalist impulses, the new year, no doubt, will bring its own share of foreign policy challenges. here with a look at which are likely to be the biggest, wall street foreign affairs, bret, and matt. bret, the world is safer now than a year ago? >> think about it we're that much closer to a nuclear confrontation or crisis >> paul: when you have crisis and chaos there is a than opportunity for american...
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if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure that we are continuing to invest in those kinds of investments. we should also realize
if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we...
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they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our ambassador chased him down the hallway and finally cornered him long enough to say we wanted to talk. two weeks later a chinese car flying the chinese flag arrived at our embassy and brings the ambassador saying, okay, i'm ready to talk. >> but the meetings met with little progress. in the summer of 1969 with lower bureaucratic channels broken down kissinger and nixon devised a plan to go straight to the top, right to chairman mao. during a trip to pakistan they asked the president to arrange the china connection. >> nothing happened for six mo
they would lean toward china. trouble was how to contact a regime whose very existence the united states denied? >> we came up with the idea that our ambassador in warsaw should walk up to the chinese ambassador at the next social event in which they were both present and ask for a meeting and say we wanted to talk. >> this was like a spy thriller. >> absolutely. so there was a yugoslav fashion show and they were both there. our ambassador walked over to the chinese and our...
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so for example, you know, kids are not asked in india or china or japan, "what are you going to be when you grow up?" it's understood that your parents are going to help make that decision. >> hinojosa: but there's a b trust element there, right? >> yes. >> hinojosa: and trust is central. >> yes, i think so. >> hinojosa: so... >> and in fact, it's interesting you mentioned trust, and you also asked me about latin americans. when you look at employees... i did a big study with citibank employees. and we looked at... so say for example if you compare latino employees in mexico, brazil, argentina, versus asian employees, taiwan, singapore, hong kong, et cetera, versus americans, and you look at in which ndition are they mos likely to perform well, americans perform best when they feel their manager is giving them choice, is empowering them to make decisions, giving them autonomy. that's very important to americans. latinos, i mean, it's not a bad thing, they're not getting mad or upset if their manager says, you know, "you can decide when you take your vacation, when you do your breaks, ho
so for example, you know, kids are not asked in india or china or japan, "what are you going to be when you grow up?" it's understood that your parents are going to help make that decision. >> hinojosa: but there's a b trust element there, right? >> yes. >> hinojosa: and trust is central. >> yes, i think so. >> hinojosa: so... >> and in fact, it's interesting you mentioned trust, and you also asked me about latin americans. when you look at...
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as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making invest
as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i...